News

ARDB approves $30M in rice industry loans

The Agricultural and Rural Development Bank of Cambodia (ARDB) has approved $30 million in loans to the rice industry for the construction of warehouses and drying silos in four provinces, as it revealed plans to set up mobile offices in five more sites to reach ...

Hom Phanet
https://www.phnompenhpost.com/business/ardb-approves-30m-rice-industry-loans

Gov’t allocates $100M to prop up SMEs

The Ministry of Economy and Finance on February 14 allocated $100 million to two state-owned banks to provide additional support to small- and medium-sized enterprises (SME), and the agriculture and agro-industry sectors.   ...

Nov Sivutha
https://www.phnompenhpost.com/business/govt-allocates-100m-prop-smes

Ministry of Economy announces $100 million funding increase for SME Bank and Rural Development Bank for Agriculture

The Ministry of Economy and Finance will announce the announcement of additional funding of $100 million for the Cambodian Small and Medium Enterprise Bank and the Agricultural Rural Development Bank  to provide additional support to SMEs, agriculture and agriculture. Industry according to the press release ...

Khmer Times Staff
https://www.khmertimeskh.com/501023375/ministry-of-economy-announces-100-million-funding-increase-for-sme-bank-and-rural-development-bank-for-agriculture/

Rice sector gets $50M boost for summer-autumn season

Cambodia Rice Federation (CRF) members have received about $50 million in loans for working capital to buy paddy from farmers during the ongoing early-rice, or summer-autumn harvest season, which is expected to yield nearly three million tonnes, according to a senior CRF official. ...

Thou Vireak
https://www.phnompenhpost.com/business/rice-sector-gets-50m-boost-summer-autumn-season

ARDB loans set for rice sector

The state-owned Agricultural and Rural Development Bank of Cambodia (ARDB) announced that it has reserved a large number of financial packages of working capital loans for rice millers and exporters to buy paddy from farmers during the upcoming harvest season, in a bid to push ...

Thou Vireak
https://phnompenhpost.com/business/ardb-loans-set-rice-sector

ARDB receives $80 million in funding to support rice sector

The Agricultural and Rural Development Bank (ARDB) on Wednesday confirmed its 2021 budget as $80 million to provide loans to rice mills and exporters so that they can purchase the rice from farmers. ...

Son Minea
https://www.khmertimeskh.com/50904458/ardb-receives-80-million-in-funding-to-support-rice-sector/

Government funds farmers in Battambang

The Agriculture Community Group stated that Royal Government’s financing assisted farmers in Battambang and expanding the cultivation of vegetables grown in netted green houses. ...

Khmer Times Staff
https://www.khmertimeskh.com/50902238/government-funds-farmers-in-battambang/

Banks talk about relief to farmers

The chief executive officer of the Agricultural Rural Development Bank (ARDB) and the president of ACLEDA Bank met to discuss the possibility of a joint-lending programme that would extend support to farmers in the country. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50835722/banks-talk-about-relief-to-farmers/

ARDB seeks $30M more for SME loans

Agriculture and Rural Development Bank of Cambodia (ARDB) expects to receive an additional $30 million from the government for special-purpose loans to keep the Kingdom’s smaller businesses afloat amid the ongoing economic duress of Covid-19, according to the state-owned bank’s director-general Kao Thach. ...

Thou Vireak
https://www.phnompenhpost.com/business/ardb-seeks-30m-more-sme-loans

Development bank delivers $245mn to agri-sector producers, exporters, SMEs

A senior executive of the state-owned Agriculture Rural Development Bank (ARDB) said the financial institution has released $245 million to rice millers and exporters, the livestock sector and small and medium enterprises (SMEs) in the agriculture sector. ...

Sok Chan
https://www.khmertimeskh.com/50802809/development-bank-delivers-245mn-to-agri-sector-producers-exporters-smes/

ARDB to disburse $50M loan by Dec 31

The state-owned Agricultural and Rural Development Bank (ARDB) expects to fully disburse a $50 million emergency fund for small and medium-sized enterprises (SMEs) by year’s end, its director-general Kao Thach told The Post on December 14. ...

Thou Vireak
https://www.phnompenhpost.com/business/ardb-disburse-50m-loan-dec-31

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